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tv   Your World With Neil Cavuto  FOX News  November 8, 2013 1:00pm-2:01pm PST

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field and split the uprights. three other kickers have tied the report but tom dempsey did it first 43 years ago today. who dat? see you back here. when news breaks out, we'll break in. have a great weekend. >> microwave pop co-with extra butter, getting popped. a whipping for those whipped frostings and frozen pizzas. stick them in the teen freeze. don't laugh. just might happen. because now uncle sam is poking his nose in everybody's kitchen. this is big. welcome everybody, i'm neil cavuto. food for thought. the government looking to take my frozen pizza and other goodies away. say it ain't so but it could happen if the fda gets it way. looking to rid foods of artery clogging trans-fats that could force some brands to change or
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be eliminated. but is the public biting? >> why should the government tell anybody what to eat or not eat. we know it's bad for us. it's bad for us. we're adults. >> i think the fda is doing the right thing. >> i think people are smart enough to listen to die particularses and others. >> i think it's a good idea. i think more people ought to be health conscious. >> it's an intrusion on our individual rights. >> make ingredients known and let us choose what we do and don't want to eat. >> right. >> it's stupid. i should be able to eat whatever i want to eat. >> i think that's a horrible idea. everyone loves sweets and all those good stuff. i don't see why they should banned. >> stay away from trans-fat. life is good. >> the public might be mixed but critics say the move will limit choice and drive up prices. not delicious. derek is one of those skeptical and says the government needs to keep its nose out of our business. baker david mcarthur agrees
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arguing he has a tough enough time keeping up with the taxes and regulations right now. david, here they are poking around in your mixing bowls. >> you know, neil, one of my favorite comments in the world, save us from the good people. all those that know how we should live better than we ourselves should know how to go at it. one more intrusion. what can i say? and it's not just going to intrude into our business in 150 recipes it's going to take time and waste and energy and customers going to get mad because its didn't taste the way it used to. going to fact the family farmer who -- we don't need all this soybean oil or corn oil. we'll bring this stuff up from south america and use palm oil. the repercussions are how much costs, manufacturing, save us from the good people. >> you have to wonder all the industries around this. you have the whole pills'burie
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dough boy king kingdom would follow. >> we're being told you can't have a doughnut for goodness sakes. the key here is for many small business people it's not about trans-fat. it's how these communications or dictationses are heard by business owners. they're taking the free out of free enterprise, and my fear is, again, it's not about trans-fat, it's how business owners interpret the data and the edicts. if they feel like they're being told what to do it can cause them to retaliate, shut down or simply not produce the goods and services we need most right now. this could be bad news all the way around. >> it's bad when the pulsebury dough boy's pictures are up in post offices. >> the argument for something like this -- we're going to get into it with a doctor who i
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respect -- it will keep us healthy or we'll be healthier because this stuff is bad. they say 7,000 downs, 20,000 heart ailments. that's the argument for it. if we're not going to learn, maybe they can force feed this on us. what do you think? >> i think the same guy that has a problem with trans-fat is the same guy that is going to mcdonald's and eatings ten quarter pounders a week. when you got bad eating habits you have bad eating hadn'ts. what's amazing to me, federal government? oh, trans-fats are bad but we're going to keep selling alcohol and tobacco. if we had a $3 a can federal tax on crisco? i think that they would probably be -- crisco would be fine because there's money coming in. it's just more government run amok. save us from the good people. who knows how i should live better than i do. we have all been fools because we have been buying bad insurance policy. now they're going to show us how
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stupid we are with our eating habits. when does this end? >> thank you both very much. good perspective. now to the md who says this is crazy. trans-fats are not the issue. dr. mark siegel says personal responsibility is. you're not keep of this, why not. >> these guys totally convinced me. i like every argument. going to interfere with business. the nanny state forming. but let's start with the medical part of this. trans-fats are very bad for you. i must admit, when you take vegetable oil and add hydrogen to it, a trans-fat, it goes right to the coronary artery. you end up increasing bad cholesterol and decreasing good cholesterol. >> that's processed foods. >> absolutely and microwave pop corn. >> the convenient items but we pay a price. >> right. but that's gentleman just said, don't we have right to do that? where is this going to end? end with trans-fats. >> what do you tell your patients. >> i tell you what, what they
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replace trans-fats with? butter. which is bad. and 73% decrease in trans-fat over the past tech dade, and we're only eating one gram of it a day where we used to have four. so we're already going in the right direction with this. we'd love to put -- the government loves to put the finger on the bad guy. trans-fat. what about the other bad things? of course i tell mispatients to limit trans-fat intake. but i tell them to decrease the butter. i tell you to stop eating the new napoleons. >> why are you here? i invited you and now your dissing the host. enyou your last appearance. >> this goes back and forth. i'm not smart enough to know where the trans-fats go in this, but they could. so, there was a time where tobacco was accepted and then it wasn't. i guess what i'm worried's. what if we make a push to make
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this happen and we discover later on we were overzealous about it because its not as bad and we were not paying attention for the other bad things. >> it's bad for the heart. eating fat causes breast cancer, colon cancer. >> people don't know this and maybe the government is helping us out by saying for those who don't know this, we got to do this. >> i think the fda has a role to protect us. but where does it stop in when something is dangerous and they prove it's dangerous they can step in. this is over the line. this is on the unanimous -- nanny state side of things. mayor bloomberg started this. his heart is in the right place but i think we're going too far and i don't think the fda should step into this quicksands because on the quicksands you got butter and cheeseburgers and coca-cola. >> okay. >> and napoleons. >> in his final appearance. thanks, my friend. >> good to see you.
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>> the doc is in the house. meanwhile, no reason to get medical attention for this. the dow hitting another record today, 116 points. what precipitated this was this notion here that we got the stronger than expected jobs report. the unemployment rate ticked up a little bit. the dow is up 23% this year. but the big -- comments from benazir ben bernanke and his buddies after this was ensuing, they're really not inclined to taper back how much money they give to the markets and these guys love it. greatbastion of commerce. stay out of ours business. >> when sorry doesn't cut it. especially when you're getting your healthcare policy cut.
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so, now he is sorry. take a look. >> i am sorry that they are finding themselves in this
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situation based on assurances they got from me. we have to work hard to make sure that they know we hear them and that we're going to do everything we can to deal with folks who find themselves in a tough position as a consequence of this. >> but it's too little too late for this woman. diana got a cancellation letter from her health insurance company. what was the reason? >> oh, the reason i received my cancellation was because i was being migrated over to the healthcare marketplace, and my plan was considered substandard. >> now, the president feels sorry that happened to you it happened to a lot of people. does that make you feel better? >> well, let me address this, first of all. while i greatly appreciate the fact that the gesture made by the president to apologize, it still doesn't change a thing for me or the hundreds of thousands of people up towards millions
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who received a notice saying their insurance is cancelled, and will no longer be effective january 1st. and i actually would like to address this numbers thing right now. if you don't mind. i want read something here. this is a quote from the apology. the white house says, under those guidelines -- the guidelines are the ten essential health care benefits -- fewer than 5% of americans will have to change their coverage but in nation of more than 300 million people, 5% is 5 million people. i take huge issue with that, neil. is this the new exception, the new number? is this -- originally we were told the exception was a few people. now we're being told that the exception is 15 million people. i don't know about you, but that's a lot of people, and here's the other side of the coin. do we even have the numbers in yet in the state of illinois? about how many people were actually being cancelled from their policies? this 15 million could climb. >> not only that but the percentage thing is a little off
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as well because it hasn't factored in when the employer mandate kicks in next year and companies decide, like ibm and time warner and others, to jettison them off to private or public exchanges, and ebm's case, private exchanges. so that will expo -- exponentially rise. i ask you, when you do get coverage, because they say you're transitioning to something better but it's going to be more expensive, whether a year from now things will be better or worse? >> i think they're going to be worse and here is why. we're being told also in what i read online that the president said we all have six months until march 31st to actually sign up before incurring the penalty. those who have our insurance policy cancelled january 1 know we're under the gun. i'm under the gun to investigate my options by december 15th at one of the probably busiest
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times of the year, and again, i will say this. i said this on point last time. it's two issues for me. what happened to my right to choose? when i was diagnosed with cancer a 11 years ago i knew what good health care human being -- healthcare was for me and i still know what good healthcare is for me today. and that hasn't changedment you have someone tell me now longer know what good health care is for me, take issue. it's my right as an american citizen to choose my healthcare options, and right now i'm seeing a definite problem with the fact that i've lost my rights. >> well, clearly, you're not in that small of a group either. dianne, thank you very, very much. we'll be monitoring things with you closely. to the big easy where the president was not easy on republicans, particularly republican governors for a health care mess he say they compounded. bobby jindal is ready to duke it
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out. this is your fault. >> nobody is going to bully louisiana into expanding medicaid or joining part of obamacare. the woman you just had on is exactly right in louisiana alone, over 90,000 people are going to have their insurance plans cancelled. that's over half the individual market. the president is trying to blame insurance companies. if an insurance company did what he just did, he admitted he lied to us when he said you can keep your plan if you like it. if an insurance company did that we would cruise them of fraud and go off them. it's nice he apologized. if he means it, one person in this country, the presidents of the united states could pet an end to this law, go to congress, admit he made a mistake, let's repeal and replace this law. he can do it today if he -- >> he ifs not doing that. but governor, it's interesting you said he is saying republican governors -- a couple of democratic governors, too -- who knicksed this exchange thing, they compounded the problem. ironically the problems have nothing to do with exchange or
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the role of the governor. has to do with the sheer cost of joining up and that's something that regardless of whether you like the exchanges, private, public, or otherwise. so, does the constant finger-pointing indicate to you that he is going to stand his ground, keep this law, even democrats who told him to delay it, he's not going to do it? >> well, he made a joke today that they're going to call it something else other than obamacare. i got news. this is his legacy and his responsibility. he forced it through with parliamentary maneuvers you. see more and more -- especially democrats up for reeleaks -- beginning to distance themselves, calling for delays of the mandate and other parts of the bill for a year, others calling for legislation to keep your plan. trying to put a ban dade on a -- a band-aid on a deep wound. you have too repeal the whole thing. the web site is the tip of the iceberg, the federal government has no business trying to run
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our healthcare system. quality will get worse, prices go higher, and this is just the beginning. i think it only gets worse and they're going to continue to blame folks that wrote the web site, blame insurance companies and doctors and blame everybody. the result is this is a flawed concept and that's is what happened when you trust to government rather than the american people. >> were you there when he said this? >> i was in new orleans and he trade to bully us, tried to intimidate us, frying to force us to join the medicaid program -- >> when he said this, he was clearly -- it's one thing to diss you behind your back. >> he didn't go into the exchanges today. he focused more on meds okayed. i -- medicaid. i heard him try to blame states. the state-run exchanges -- vermont is not doing well. the fact is that i'm proud of the fact -- i think if anything,
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i think the recent turmoil shows we made the right decision in louisiana not to try to do the exchanges, not to expand medicaid to say obamacare is flawed. in louisiana we're building a bottom-up alternative, public-private partnerships. we don't knee the top-down federal government approach. >> what happens a year from now, let's say he does not delay the employee mandate, individuals having to get coverage, and next year when the employer mandate delay is off and he has -- -- and that's implemented, good likelihood a lot of companies would be looking at getting a lot of their workers, retirees and others to some type of exchange, public, private, you name it, but it will be a lot bigger an issue next year at this time. >> i think your point earlier is exactly right. right now they're talking about millions of meshes. this only grows. he only temporarily delayed the mandate on employers and you'll see a huge backlash next year. i'm hoping the pressure builds.
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you're beginning to see the democrats like our senator in louisiana and other democrats up for election, changing their tune. i think you'll see more and more people trying to get into the medicaid. the government-run programs but they're not going to get enough of the younger, healthier folks to sign up. such a flawed rollout. they keep delaying parts of it until after the next election. i'm hoping the pressure builds so the congress has no choice but to repeal this law. the president was right, we need to address preexisting conditions and people in the individual market who can't afford their healthcare, but the with a to do that is not to take away health care from millions of americans where it's working in louisiana, small business owners that have suspended their expansion plans because of the increased cost of healthcare. documented folks that are saying my premiums are going up. now to buy benefits i don't need, i was happy with my previous plan. i think this gets worse and
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worse for the president and the country. time for him to man up, admit he made a mistake, repeal this bad law. >> thank you very much. good seeing you again. >> we were agoling the ladies or ryan air. are other flight attendants eyeing us? treacherous spies? maybe. i'm angela, and i didn't think i could quit smoking but chantix helped me do it. i told my doctor i think i'm... i'm ready. [ male announcer ] along with support, chantix (varenicline) is proven to help people quit smoking. it reduces the urge to smoke. i knew that i could smoke for the first 7 days. i knew that i wasn't putting nicotine back into my body to try to quit. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions
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you fly, they spy. some airlines mining information on their customers from your cocktail of choice to how much
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your home costs? airlines say it's about giving personalized service but is it invading privacy. >> that is public information. you have my address and go to sill -- zillow and find out the value of my home. they can follow you on amazon. >> how is the value of my home going to relate to whether i want another cocktail. >> you know what? that's way over the line. i'm not a fan of that. it should be an opt-in policy. if i want to give you my information, you can use that information to give me a more personalized experience and that's how it should be. so, i believe they really stepped over the line here and i think they're starting to pull back from that. >> i always wondered why i was given the saturated fats men you
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only. good strategy on their part. i know all of this is publicly available but i'm wondering if the industry enough under the guise of catering to us are now scaring us? >> i think they are scaring people. we have heard so many things about our own privacy, whether it's the nsa or general privacy, being followed and making your information public on facebook, everybody is concerned about all these new ways people are exposing us. this is the last thing the airlines want to do. cater to us. make sure you give us personalized service. follow what the hotels doom i want the certain type of pillow. it's great when i show up. they know what i like, but i opted into that. that's really where they need to separate the gathering of information from what i provide. and that is the key. >> i always avoid the hotels that have cnn playing in the lobby. it's all downhill from there and i'm going to have roaches in the room. >> and doesn't have fox news, can't stay there.
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>> don't get me started. mark, thank you very much. mark murphy. forget creepy. is this legal? attorney rebecca says it is not, stacy says it is. i can't believe that. >> it's fine. it's not invasion of privacy. people are giving the airlines their information by signing up for frequent flier programs and the airline -- or they're buying tickets and entering information so the airline is then mining that data for their own marketing purposes. >> but they're going further, right? they're going to look at my address -- >> it's offensive but it's information in the public domain, and you have to be damaged from this invasion of privacy and they're only using it for their open purposes so i say no harm no foul. >> you've say lots of foul. >> i do. this is a slippery slope. we have so many privacy acts, federal, state privacy acts that protect consumers, that protect your financial information, all of your different things, your medical information, everything. i feel that once the airline is
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starting -- they're saying they're come boundarying all -- combining off -- all of this and making it a better experience for you've. >> one thing is if their service were stellar. such a great experience. i'm happy to get on the plane. but it's not working. right? >> it's not working. i mean i'm not that comfort able with them possibly selling to an affiliate my information. i don't want people to know when i fly, where i fly, howl i fly, first class, coach, whatever. >> as if you remember what coach is like. >> the thing is, just not trammelling on any of the privacy laws. there are very strict federal privacy law -- >> how does it help? neil likes all saturated fats, a big drinker, okay. but where do you go with it? >> they're using it too sell
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onboard products. >> like what? >> if you like the hamburger over the chicken they know what to put on the menu for the flight. they're going to cater to you. they know you like more leg room -- >> if you're in the last row of first class, if you were, doesn't matter. whatever you want they're out of. just so you know. >> so where is this going? >> i personally think it's going to a place that is not good and we'll see legislation that covers this. we have a lot of legislation. again, you're banking information. your credit information -- use, you're saying this is the risk of the life we lead and everything is out there. >> i'm saying i think that the airline needs to protect their consumers, personally before we have legislation, before they go too far. >> invade if you will but i'm saying, make it worth my while if you do. and they're not. so if you're going to invade my privacy, at least make it worth
quote
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my while and throw in an extra bag of peanuts. >> they're worried about what cocktails to serve. i can't even get a pillow. >> that's going well. there goes the airline sponsorship. maybe it's a good thing larry summers took himself out of the running for federal reserve chairman. he did something that proves he doesn't have a clue. the healthcare mess? it's not the government fault. it's the idiots who work in government's fault. d just give m the basics, you know. i got this. [thinking] is it that time? the son picks up the check? [thinking] i'm still working. he's retired. i hope he's saving. i hope he saved enough. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. whether you're just starting your 401(k) or you are ready for retirement, we'll help you get there.
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one of the things the opposition has to recognize is that they have made it almost impossible for many well-intentioned people to go into government because the fact it takes so long to be confirmed by the senate, the fact that you have to go through the financial equivalent of a colonoscopy, to enter government. the environment needlessly made it far more difficult than it would otherwise be. >> think about what he said there. larry summers should have run this by the president, because it should would have saved him and all of us a lot of grief. old larry knew it would be a disaster because the folks responsible for it were not up to the agony and the our -- ordeal of the rigors of joining
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the government. says the government has a major brain drain on its hands and talented people are going elsewhere mike huckabee says maybe that's the problem. the answer is not the government but the private sector. governor, what do you think of that? >> i don't think we got a problem with the brain drain in washington. i think that summers is right. some people don't want to go through the scrutiny that one goes through to become confirmed or just to be an official. the level of disclosure is painful for people. but believe me, there are plenty of people in this country with a healthy enough ego they're willing to go through a public colonoscopy. hey like the title and prestige of being there. our problem is not a lack of brainy people. it's a lack of experience people who have done things in the private sector and understand the very businesses they're trying to regulate. that's really the problem. >> he is giving the impression of what you're left with, bunch of him nimrods and they're prodg
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the healthcare laws and other stuff with problems. >> how would it make you feel if you were a government employee who just heard larry summers say, essentially, the numskulls are left to government. >> alien nateing women -- alienating women wasn't enough. the notion that the problem with government is we're not recruiting enough good people, misses the bigger point that maybe that says something about our dependency on government. if it riddled with these characters, maybe these people prefer to stay in the private sector and they're the brilliant ones, search them out and let them have a shot. >> the founders never saw the federal government getting this big. they saw it in a very limited role. most governing would be done at the local level. they would be shocked to see how much federal government we have
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that would be appalled and tell us the problem is not brains. the problem is the lack of brains that ever led you to put this much power in one place. push it back to the states and cities and let mayors and governors and countieded administrators. that's not was. >> every week we get what i call the kick in the pants stat of the week. this one to me is -- if we can show init here. this is -- show it here. those are uninsured. among the uninsured, have you gone on government health insurance webs since the exchange was opened. 82% of the uninsured, no. so we upended our entire healthcare system for those who could be covered and they're saying, eh. >> a lot of people tried to say that many of the people who weren't insured didn't want to be insured. they wanted to spend their money
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on a new truck or a boat. and they had money, they just didn't choose to spend it on insurance. yes, there are some people who are uninsured because of preexisting conditions. and there are some who are maybe uninsured because they didn't have enough money. >> what does that tell you? this was all about them and they don't want it. >> well, because uncle sugar knows best. this is the all obamacare. the government knows better how to deal with us. when the president says your plans were crumby. i don't think it's crimey. who -- it's crumby. i think there's a good reason to suspect we'll talk about it. >> so much for those shutdown fears. do any of you remember this? >> republicans are threatening a shutdown that will hurt our
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economy, threaten job creation. >> has an effect on gdp which has an effect on hiring. >> the manufactured crisis of these last few weeks harmed jobs and greg. >> now, that uh-oh moment, 204,000 jobs added in october, the same month as this ryanous government shutdown. 100,000 jobs more than expected. no surprise to jim. jim, the end of the world did not happen and much like the sequestration cuts which were going to be ruinous, didn't happen. >> of course it didn't happen. the bureau of labor statistics said there was no impact from the shutdown. they try to scare us into believing big government is the solution and we need to rely on them. i talk to business owners every day. not one of them said anything about the shutdown. in fact the few i could get to even talk about it said they ought to shut the whole government down. we'd be better off.
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maybe less regulation. so this does not impact the private sector. when we talked about this, they just want us to believe that more taxing and more spending is the way out of this mess, even though we have been trying that for four years and we have to print $85 billion a month just to keep up with the amount of money that congress is spending in the first place. >> jim, always look at this as like a handy excuse to keep in your hip pocket. incase anything goes bad, anything at all, a rainstorm, it could be a nor'easter next week. you could say, well there you go the shutdown. if not for that. >> well, of course, and they have their errand boy economists they wheel out. a u.s.a. today article, 41 economist. you can always find economists that will agree with you, especially if it's on a money printing side. >> 28,000 economist so you get 40 economists -- you're right about that. having said that, i guess --
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it's always meant to say, like when nancy pelosi said the cupboard is bare, no room to cut, and harry reid says everyone wants to pay more taxes, people have no problems with that. i think the narrative is something like, we know these government shutdowns are onerous and the sequester cuts are onerous, and if we can just say it. but it never pans out because we get numbers like these that show the hellish ramifications never pop up. >> think of how much the economy could improve if they'd get out of the way. with had a simply identified tax code, didn't have so many regulations, didn't have so much uncertainty. i believe this economy would really be unleashed. right now our manufacturing base is actually improving at a faster rate than anywhere necessary the world. but we could be doing so much better if we didn't keep throwing road blocks at small business owners.
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that's all they want to do and want to convince us that they're the solution, we have to rely on them to bigger and bigger degree. >> amazing, amazing, amazing. jim, thank you. good seeing you again. >> thank you. you, too neil. >> well, holly wouldn't back then, but she is a rising star now? what happened? [ woman ] when you own your own business,
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[ male announcer ] and now you can get adt monthly service for your business starting at less than $2 a day. [ woman ] i love the convenience of adt. i can finally be in two places at once. [ male announcer ] call today to get adt for less tha$2 a day. helping protect your business, is our business. adt. always there. forget these it girls. is hill hillary hollywood's next rising star. tinseltown ready to cast hillary clinton in the top role, and new jersey governor chris christie guest-starring on the michael j. fox show. does hollywood help? i guess it's the culture we live in, the pop culture, these kind of things are expected. they get kind of tiresome. you don't think so? >> you know what? i will tell you are right.
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it is tiresome but it works. hollywood raises money. hollywood attracts people and hollywood carries a lot of weight. and i think in this race, it's -- even though christie has not said, i'm running week feeling -- we're feeling he may run and who belter to come up against celebrity clintonite, hollywoodite, than chris christie. not everybody can appeal to hollywood and not everybody does it embrace and the fact that -- look, you have pelosi going on letterman, you have ted cruz that went on jay leno. so, obviously it works, and i wouldn't be surprised in the next big presidential campaign if you see campaign strategists and managers incorp -- incorporating publicists and hollywood media. >> if they don't know you and see you can be funny like chris
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christie, when he was on lettererman he was eating a doughnut to poke fun another at weight. john kennedy dating back to the jack parr days. and i'm wondering whether it moves the needle. i can site humanizing the candidate and maybe drews some money to them. but significantly so? >> i think it does. obama hat failed policy. i don't need to draw them out because it's on every news channel about the policies that don't work. >> something going on? >> neil -- anyway, he won. he won, he had bad stuff. he won. he win against romney, who was a very good candidate, and he won because he had celebrity appeal. he was on all the talk shows, espn, on john daly, and he is on agency. so you get that, and you see
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that he has got kind of mainstream media appeal. they look at obama and they look at him as a celebrity. >> in 1972 the hollywood crowd loved george mcgovern, and he went down to an overwhelming defeat. now, i know there's a lot of what you say because they tend to gravitate to liberal candidates and big benefits, but ronald reagan didn't play this game. maybe in this age he would i just think it demeans the process. >> well, neil, you brought up mcgovern. but anyway, i think that it really does help, and in today, with social media, you have twitter going public, everything going on with facebook, it's a different deal. not like it was back when reagan was doing something and reagan was an actor so he had a little bit of hollywood going on. so, it's kind of like a new dawn, a new time, social media is king, everybody is their own brand, their own celebrity.
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so the fact that on the g.o.p. side the only cool cat we have that can transform himself into something -- into the acting world or hollywood world, would be chris christie. you're not really seeing rand paul out there, not seeing ron paul -- >> rand paul goes on disaster -- "dancing with the stars," all bets are off. >> thanks for that visual. >> leave it at that. thank you very much. >> these are the guys we're putting in charge of health care? the story of how the irs gave 4 billion bucks to i.d. thieves that will make you sick. e quote.
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usaa. we know what it means to serve.
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well, maybe it was the 650
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tax refuns going to a single address in lithuania that tipped them off. by the time the irs did connect the dots, u.s. taxpayers were out 4 billion bucks. false refunds to, get this, i.d. thieves. get this, just last year. gretchen says this is what you get we the government keeps on getting bigger. i don't know what was the first light bulb that went off that they finally concluded wait a minute. at 600, i would say, this lithuania address strikes me as odd. these are the people who were put in charge of health care, gretchen. >> these are people being put in charge of health care. there are people who runp numerous programs we rely on. what was the red flag here? 600 tax returns going to an address in lithuania or an address in shanghai? the same thing can happen here
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in america. several different cities in miami. when a government gets so big it doesn't even know where its money is going or alerts don't go off when things like this happen, is there a problem? is there a problem in communication? is there a problem in knowing what is happening in our government? is there a management issue? this is not the smart and efficient government we were promised. and asking taxpayers to give more and more every year. >> they've always tried to look at what we've done versus what we might have screwed up and say we did catch three types that in legitimate false claims, so we recouped this money, so trust us to run health care, we've got a handle on this. our hits are a lot more than our misses. what do you think about that? >> it's symptomatic of a larger problem. good for them, they're making some headway on tracking down these thieves. >> lithuania, i bet --
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>> well, but the irz paid over 11 billion last year in faulty claims. and then they overpaid $13 billion in tax credits. so that didn't even include thieves. just plain irs employee error. you add that up and you've got $25 billion, $30 billion that the government wasted and the irs in just those few programs alone, i mean, those few accidents alone. here we are going into a budget debate, where they're going to be saying democrats, the administration, that we have to make this a balanced debate yet again. we have to continue to raise taxes yet again on the american public. the american public should look at this like they look at anything else as a consumer. would i pay to continue to have this service? if they continue to make these errors and provide this bad service? i think the american public should have a say in that. >> i agree with that. it is a little weird though. when an institution says, well,
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look at the money we gained going after the good stuff and try not to pay attention to the money we've wasted acting like fools going after the questionable stuff. you've got to wonder. all right, thank you very much. gretchen hamill. in the meantime, the white house is listening to this message, what that means for you.
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all right, again, a record on the dow today. a great he formance this week. that average up north of 22% on the year. here's ways driving it again, this optimism. we've got just the steady balance of an economy that's percolating but not percolating too much to take the punch bowl away. the federal reserve has been providing a great deal of nicotine for these buying fits. $85 billion a month. and nothing the market guys saw this week dissuaded them from the notion that that's not going to continue. meanwhile, the white house paying attention to these guys.
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now getting behind a plan that would raise the minimum wage to north of 10 bucks an hour but instead of focusing on what to pay, tonight on fox business, we had an odd and novel idea. how about focus on what people are doing now. just get them jobs. then work out the details. jobs first tonight. tonight, the president's sub bar apology. >> we put in a clause in the law that said if you had one of those plans when the law was passed, you could keep it. i am sorry that they are finding themselves in this situation based on assurances they got from me. >> hello, everyone, i'm kimberly guifoyle along with dana perino and greg gotfeld. it's 5:00 in new york city and this is "the five." is he really sorry for breaking his promise to millions of

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